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Joblessness continues to take its toll on Namibia and is described by some as a powder keg for social unrest if not addressed. The socio-economic pressures created by unemployment contributed to Namibia ranking 69th out of 70 economies globally in the International Institute for Management Development World Competitiveness Yearbook. The report shows Namibia slipping one spot from its previous ranking, with its overall score dropping sharply from 37.48 to 28.48. Analysts and business leaders point […]

The Food and Allied Workers Union plans to petition Beefcor management over proposed retrenchments affecting 393 workers at its Okahandja operation. Meanwhile, Savanna Beef has reportedly sent 240 employees home while negotiating with financiers to keep the business afloat. The crisis follows the suspension of overseas beef exports after foot-and-mouth disease was confirmed in the //Kharas Region on 23 September. Regaining disease-free status could take up to two years. Former […]

President Netumbo Nandi-Ndaitwah is celebrating her 74th birthday today, with warm wishes and birthday cheer marking the special occasion. As the Head of State adds another year to the calendar, former President Nangolo Mbumba has extended his best wishes to her. The post Happy birthday, Madam President! appeared first on Future Media News.

High Court Justice Shafimana Ueitele has ordered the liquidator of Enercon Namibia to appear before the court today. The directive was issued during proceedings involving Namcor and Enercon. The company seeks to have its asset purchase agreement with Enercon declared null and void and seeks payment of N$53 million. Ueitele ordered liquidator AP van Straten to appear today to provide a formal update regarding Enercon’s liquidation status. The background to […]

Reaction has been received on the Bank of Namibia raising the repo rate by 25 basis points to 7%. The move was expected as consumer prices rose by 0.3% in September this year, with inflation coming in at 5.4%, up from 5% in August 2026 and 3.5% in September 2025. Future Media News spoke to Almandro Jansen, Economist at Simonis Storm. The post Repo rate: Cuts only expected in latter […]

The Agriculture Ministry has reported on the foot-and-mouth disease situation in the //Kharas Region, confirming no new cases in the Zambezi Region and the Karasburg veterinary district. Ministry spokesperson Romeo Muyunda has the latest. The post FMD still confined, no new cases in the south appeared first on Future Media News.

The Bank of Namibia has raised the repo rate by 25 basis points to 7%. The move was expected as consumer prices rose by 0.3% in September this year, with inflation coming in at 5.4%, up from 5% in August 2026 and 3.5% in September 2025. The central bank uses the repo rate to contain demand and thus inflation. During the announcement, Governor Ebson Uanguta set out the reasons. The […]

Former Finance Minister Calle Schlettwein has proposed biometric verification as a possible measure to strengthen controls within the Public Service Employees Medical Aid Scheme. The scheme faces mounting financial pressure, with annual costs of about N$3.9 billion and government seeking another N$535 million, as concerns grow over rising healthcare expenses and alleged abuse. The post Psemas mess: Schlettwein proposes biometrics appeared first on Future Media News.